ACTIVE

FRIGRO

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Financial year 2025 · closed on 31/12/2025

Net result

3,9 M €

+16.7% YoY

Revenue

39,1 M €

+10.3% YoY

Equity

8,9 M €

+9.1% YoY

Workforce

43,7 ETP

+9.0% YoY

What does FRIGRO do?

FRIGRO is a Public limited company incorporated in 1980. Its registered office is in Wevelgem. It employs on average 43,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.379.687

Incorporation

07/05/1980

Legal form

Public limited company

Registered office

Drieslaan 10
8560 Wevelgem · FlandreSee on map

Contributed capital

450 000,00 €

Latest accounts

31/12/2025

Average workforce

43,7 ETP

Joint committees (4)

14904
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	39,1 M €	+10.3%	35,4 M €	+0.7%	35,2 M €	+4.8%	33,6 M €	+4.8%	32 M €	+21.9%	26,3 M €	+6.2%	24,8 M €	+24.6%	19,9 M €	+11.9%	17,8 M €	+19.1%	14,9 M €	-1.8%	15,2 M €	+6.2%	14,3 M €	-4.7%	15 M €	+4.1%	14,4 M €	-3.0%	14,9 M €	+6.1%	14 M €	+23.5%	11,3 M €	-12.6%	13 M €	-3.9%	13,5 M €	+9.2%	12,4 M €
EBITDA	4,6 M €	+13.8%	4,1 M €	-11.2%	4,6 M €	-4.9%	4,8 M €	+4.6%	4,6 M €	+28.4%	3,6 M €	+22.9%	2,9 M €	+15.9%	2,5 M €	+32.7%	1,9 M €	+71.2%	1,1 M €	-13.9%	1,3 M €	+37.9%	935,7 k €	-14.3%	1,1 M €	-13.7%	1,3 M €	-0.1%	1,3 M €	+5.4%	1,2 M €	+123%	538,6 k €	-32.7%	800 k €	-4.9%	841,1 k €	+5.8%	794,8 k €
Operating result	4,5 M €	+17.9%	3,8 M €	-14.6%	4,5 M €	-3.6%	4,7 M €	+6.2%	4,4 M €	+28.6%	3,4 M €	+29.3%	2,6 M €	+13.6%	2,3 M €	+33.0%	1,8 M €	+76.4%	993,4 k €	-7.3%	1,1 M €	+44.9%	739,9 k €	-10.2%	823,6 k €	-13.4%	950,9 k €	-9.4%	1,1 M €	+4.7%	1 M €	+186%	351,1 k €	-38.5%	570,6 k €	-6.9%	612,8 k €	+11.0%	552,1 k €
Net result	3,9 M €	+16.7%	3,4 M €	-14.6%	3,9 M €	+0.9%	3,9 M €	+7.9%	3,6 M €	+28.5%	2,8 M €	+34.2%	2,1 M €	+15.5%	1,8 M €	+45.7%	1,2 M €	+77.6%	702,1 k €	-2.2%	717,6 k €	+9.2%	657,1 k €	-11.3%	740,7 k €	-0.4%	743,9 k €	-1.4%	754,7 k €	+1.1%	746,5 k €	+356%	163,9 k €	-44.3%	294,1 k €	-23.3%	383,3 k €	+20.9%	317,1 k €
Balance sheet
Equity	8,9 M €	+9.1%	8,2 M €	+9.2%	7,5 M €	+13.0%	6,6 M €	+12.8%	5,9 M €	+18.7%	4,9 M €	+1.2%	4,9 M €	+13.8%	4,3 M €	+10.7%	3,9 M €	+13.0%	3,4 M €	+3.1%	3,3 M €	-5.2%	3,5 M €	+1.7%	3,5 M €	+12.8%	3,1 M €	+2.6%	3 M €	+3.1%	2,9 M €	+2.9%	2,8 M €	+0.5%	2,8 M €	+3.3%	2,7 M €	+3.4%	2,6 M €
Total assets	15 M €	+9.2%	13,7 M €	+3.2%	13,3 M €	+0.9%	13,2 M €	+12.5%	11,7 M €	+23.1%	9,5 M €	+16.3%	8,2 M €	+1.7%	8 M €	+8.6%	7,4 M €	+18.1%	6,3 M €	+2.9%	6,1 M €	-1.1%	6,2 M €	+0.5%	6,1 M €	+4.1%	5,9 M €	-9.4%	6,5 M €	-0.9%	6,6 M €	+1.5%	6,5 M €	-8.7%	7,1 M €	-8.5%	7,7 M €	-1.8%	7,9 M €
Cash	3,7 M €	+44.9%	2,5 M €	-6.4%	2,7 M €	-10.9%	3 M €	-18.9%	3,7 M €	+76.7%	2,1 M €	+416%	409 k €	-60.4%	1 M €	+105%	503,3 k €	+58.2%	318,1 k €	+4.8%	303,6 k €	-7.2%	327,1 k €	+66.9%	196 k €	+2.2%	191,7 k €	-12.2%	218,4 k €	+85.4%	117,8 k €	-36.9%	186,7 k €	+68.8%	110,6 k €	+1810%	5,8 k €	-96.4%	162,8 k €
Debts	5,9 M €	+9.4%	5,3 M €	-4.9%	5,6 M €	-11.6%	6,4 M €	+12.3%	5,7 M €	+27.8%	4,4 M €	+40.0%	3,2 M €	-11.6%	3,6 M €	+5.0%	3,4 M €	+26.3%	2,7 M €	+1.6%	2,7 M €	+4.4%	2,5 M €	-0.9%	2,6 M €	-5.7%	2,7 M €	-20.1%	3,4 M €	-4.3%	3,6 M €	+0.9%	3,5 M €	-13.8%	4,1 M €	-16.1%	4,9 M €	-4.6%	5,1 M €
Other
Workforce	43,7 ETP	+9.0%	40,1 ETP	-2.4%	41,1 ETP	+3.3%	39,8 ETP	+3.6%	38,4 ETP	+4.9%	36,6 ETP	+7.6%	34,0 ETP	-0.3%	34,1 ETP	+3.6%	32,9 ETP	-1.5%	33,4 ETP	+9.2%	30,6 ETP	+1.0%	30,3 ETP	+1.7%	29,8 ETP	-8.0%	32,4 ETP	+10.6%	29,3 ETP	+17.2%	25,0 ETP	-12.6%	28,6 ETP	-3.4%	29,6 ETP	+1.0%	29,3 ETP	+20.6%	24,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

BDCOM

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0876.225.249

Represented by Decuypere BERT

Active

INSTRUWELL

Director · since 02 juin 2023 · until 01 juin 2029 · 0423.864.264

Represented by Verfaille RITA

Active

KODECAM

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0479.554.934

Represented by Decuypere KOEN

Active

Ended mandates

BDCOM

Managing director · since 02 juin 2017 · until 02 juin 2023 · 0876.225.249

Represented by Decuypere BERT

Ended

BDCOM

Managing director · since 02 juin 2017 · until 02 juin 2023 · 0876.225.249

Represented by Bert Decuypere

Ended

INSTRUWELL

Director · since 02 juin 2017 · until 02 juin 2023 · 0423.864.264

Represented by Verfaille RITA

Ended

INSTRUWELL

Director · since 02 juin 2017 · until 02 juin 2023 · 0423.864.264

Represented by Rita Verfaille

Ended

At this address

Other companies at this address

Company	CBE no.
DC INVESTING● Active	0894.537.958
Frigro Services● Active	0675.916.982
FrisoTech● Active	1030.906.793
GROEP FRIGRO● Active	0757.984.130

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/06/2026	12/06/2025	18/06/2024	20/06/2023	24/06/2022	29/06/2021
General meeting	12/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

46 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	15/06/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	12/06/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	24/06/2022	Dutch	PDF
Full model	31/12/2020	31/05/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	25/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	12/07/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	13/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	28/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	28/06/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	06/07/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	07/07/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	28/06/2007	Dutch	PDF
Full model	31/12/2005	28/06/2006	26/07/2006	Dutch	PDF
Full model	31/12/2004	03/06/2005	01/07/2005	Dutch	PDF
Full model	31/12/2003	04/06/2004	29/06/2004	Dutch	PDF
Full model	31/12/2002	06/06/2003	24/06/2003	Dutch	PDF

View all 46 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

BDCOM

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0876.225.249

Represented by Decuypere BERT

Active

INSTRUWELL

Director · since 02 juin 2023 · until 01 juin 2029 · 0423.864.264

Represented by Verfaille RITA

Active

KODECAM

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0479.554.934

Represented by Decuypere KOEN

Active

Ended mandates

BDCOM

Managing director · since 02 juin 2017 · until 02 juin 2023 · 0876.225.249

Represented by Decuypere BERT

Ended

BDCOM

Managing director · since 02 juin 2017 · until 02 juin 2023 · 0876.225.249

Represented by Bert Decuypere

Ended

INSTRUWELL

Director · since 02 juin 2017 · until 02 juin 2023 · 0423.864.264

Represented by Verfaille RITA

Ended

INSTRUWELL

Director · since 02 juin 2017 · until 02 juin 2023 · 0423.864.264

Represented by Rita Verfaille

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring02/02/2021
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/11/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates25/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2017
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20253,9 M €↑
2024
Annual accounts 20243,4 M €↓
2023
Annual accounts 20233,9 M €↑
2022
Annual accounts 20223,9 M €↑
2021
Annual accounts 20213,6 M €↑
2020
Annual accounts 20202,8 M €↑
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 20181,8 M €↑
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016702,1 k €↓
2015
Annual accounts 2015717,6 k €↑
2014
Annual accounts 2014657,1 k €↓
2013
Annual accounts 2013740,7 k €↓
2012
Annual accounts 2012743,9 k €↓
2011
Annual accounts 2011754,7 k €↑
2010
Annual accounts 2010746,5 k €↑
2009
Annual accounts 2009163,9 k €↓
2008
Annual accounts 2008294,1 k €↓
2007
Annual accounts 2007383,3 k €↑
2006
Annual accounts 2006317,1 k €
07/05/1980
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FRIGRO

Overview

What does FRIGRO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline